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Dec 5, 2012
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. >> i'm worried about the fiscal cliff in the same way i'm worried about martians. >> fiscal cliff. >> fiscal whatever it is. >> is this a rerun? >> still no progress as all sides jockey for position. >> i would say we're nowhere. >> speaker john boehner issued a downer offer yesterday. >> the white house quickly dismissed it. >> the speaker's proposal is out of balance. >> it is more of the same. >> it is not me being positive. it is the math. >> magic math. >> magic beans and fairy dust. >> president obama did win the election. >> me thinks somebody made him king. >> no. i don't think that's right. >> he doesn't see where he stands in the universe. >> i would say we're nowhere. >> are we that far apart? >> both sides want a deal. >> a matter of math. >> try to stay away from hypotheticals. >> it won't pass. >> discussions abo u >> unicorns. >> they're imaginary beasts. >> magic beans. >> magic math. >> an enchanted universe. >> outrageous. >> the whole thing is going wacky. >> i would say we're nowhere. >> i don't envy the position the speaker is in. >> we're nowhere. you just mig
. >> i'm worried about the fiscal cliff in the same way i'm worried about martians. >> fiscal cliff. >> fiscal whatever it is. >> is this a rerun? >> still no progress as all sides jockey for position. >> i would say we're nowhere. >> speaker john boehner issued a downer offer yesterday. >> the white house quickly dismissed it. >> the speaker's proposal is out of balance. >> it is more of the same. >> it is not me being positive....
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Dec 27, 2012
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people seem to think the fiscal cliff is fix the debt. the problem with the fiscal cliff, the thing we're trying to avoid, the actual danger to the economy, is that we will get too much deficit reduction too quickly. if reducing the deficit was what the economy needed we could go right off the cliff and leave it there. you can see it in this graph, that line going down. that is the fiscal cliff, we went over our deficit problems, gone baby, totally, totally gone. one thing the fear of the fiscal cliff shows by the way, in the fox hole, everyone's a kinsian. everyone agrees. that is number one. too much austerity way too quickly. president obama is not asking for that much in taxes. it's worth getting a bit of perspective in here. you'll be shocked to know, we got a graph for that. here's what happens if we go over the cliff. you get more than $5 trillion in tax increases off the bat. and now here's what happens if we pass the sainted simpson bowles plan. you've heard of the plan. they have 2.6 trillion in tax increases. president obama's
people seem to think the fiscal cliff is fix the debt. the problem with the fiscal cliff, the thing we're trying to avoid, the actual danger to the economy, is that we will get too much deficit reduction too quickly. if reducing the deficit was what the economy needed we could go right off the cliff and leave it there. you can see it in this graph, that line going down. that is the fiscal cliff, we went over our deficit problems, gone baby, totally, totally gone. one thing the fear of the...
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Nov 14, 2012
11/12
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what happens if we go off the fiscal cliff? what is the fiscal cliff? >> well -- >> i can't even balance a checking account. what is it? >> it's actually more like 2 1/2 cliffs because you have three things happening in the next few months. you have the bush-era tax cuts expiring. you have the obama stimulus tax cuts expiring. you've got a collection of the spending increases that were agreed last year coming into force. and you've also got -- sorry, spending cuts coming into force. and you've also got the debt ceiling in the sense that congress is going to have to get permission to issue more bonds. and those three things coming together create a very nasty shock. and essentially if you do nothing, if you let the spending cuts happen, if you have the tax cuts roll off and you have essentially tax increases, you'll get a hit that's worth 3% to 4% worth of gross domestic production, and that will almost certainly push the economy back into recession. so there's an awful lot at stake right now. what paul ryan said is very interesting because we had an edi
what happens if we go off the fiscal cliff? what is the fiscal cliff? >> well -- >> i can't even balance a checking account. what is it? >> it's actually more like 2 1/2 cliffs because you have three things happening in the next few months. you have the bush-era tax cuts expiring. you have the obama stimulus tax cuts expiring. you've got a collection of the spending increases that were agreed last year coming into force. and you've also got -- sorry, spending cuts coming into...
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Dec 26, 2012
12/12
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there is trepidation about the fiscal cliff. people know if there is not an answer here to the fiscal cliff, they are going to likely see an increase automatically to their withholding on their paychecks and taxes are likely to go up. people may have been a little more frugal going into the holidays. on top of that, you have unusual issues. it is still a concern. on the flip side, there is a big day of people bringing returns. the mall here according to the people who work at the mall is as busy as it was the days before christmas. you will see that at a lot of places. people bringing items back and what's interesting is retailers have made it a little bit more complicated this year to return items in part because when you return those items, they want you to take the money that you got and spend it on something else. it's a slow process and another problem of course is this one caught me by surprise. $2 billion worth of merchandise will be returned fraudulently. that means that somebody by and large stole something from the sto
there is trepidation about the fiscal cliff. people know if there is not an answer here to the fiscal cliff, they are going to likely see an increase automatically to their withholding on their paychecks and taxes are likely to go up. people may have been a little more frugal going into the holidays. on top of that, you have unusual issues. it is still a concern. on the flip side, there is a big day of people bringing returns. the mall here according to the people who work at the mall is as...
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Nov 10, 2012
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let's move onto the fiscal cliff, gentlemen. and representative davis, we have president obama and speaker boehner. they're both talking fiscal cliff. republicans are doubling down on their refusal to raise taxes. most economists agree, though, there's simply no way to cut the deficit without raising some taxes. does the gop have to change its tune or amend it in some way? >> i don't think you can solve this without getting into entitlements, either, which is where the democrats have been slow to move. everybody is going to have to come to the center. but everybody has a mandate. the speaker is re-elected the house republican majority is re-elected. they lost a few seats. the president's re-elected. he lost three points over the last time. the senate harry reid had the best night of all. they all have mandates. they've got to come together on this. but nobody's going to jam anything down anybody's throat when everybody thinks they have a mandate. i think we have to understand that. so it's going to take a little while. my suspic
let's move onto the fiscal cliff, gentlemen. and representative davis, we have president obama and speaker boehner. they're both talking fiscal cliff. republicans are doubling down on their refusal to raise taxes. most economists agree, though, there's simply no way to cut the deficit without raising some taxes. does the gop have to change its tune or amend it in some way? >> i don't think you can solve this without getting into entitlements, either, which is where the democrats have been...
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Dec 6, 2012
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. >>> back here at home, fiscal cliff negotiations in washington are still up in the air. most lawmakers have gone home for a long weekend break. this as timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with an update. good morning to you. >> reporter: let's start with geithner. he told cnbc that instead of continuing tax breaks for the wealthy, the obama administration is willing to go over this cliff which means they're willing to let your taxes go up and unemployment checks go away massive spending cuts happen if the pentagon instead of continuing the tax breaks for the wealthy. now there's been very little progress here on chiapitol hill which is why so many have gone home. we know that president obama and john boehner spoke by phone. republican sources telling us they had a conversation yesterday. we don't have a readout on what that was about. we don't know that if any meetings have been scheduled. but any small sign of progress is welcome here on capitol hill. now with so many law
. >>> back here at home, fiscal cliff negotiations in washington are still up in the air. most lawmakers have gone home for a long weekend break. this as timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with an update. good morning to you. >> reporter: let's start with geithner. he told cnbc that instead of continuing tax breaks for the wealthy, the obama administration is willing to go over...
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Nov 10, 2012
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. >>> the fiscal cliff. is the u.s. closer to the edge of an economic disaster, or is there room for compromise? and we compare what the president and the gop house leader said. >>> spending spree. new signs today that the economy is on the upswing, and you might be driving it. good morning, everyone. welcome to "weekends with alex witt," let's get to what's happening right now out there as we have new information today on the shocking resignation of cia director david petraeus. we have now learned the fbi opened an investigation into his biographer, paula broadwell, for allegedly accessing petraeus' e-mails. all this just a week before the general was set to testify before congress on the benghazi attack. joining me now is greg miller, national security correspondent for "the washington post." greg, what a morning. let's get right to it. i'd like to hear the latest that you've learned. >> well, you know, the big question now is what is the reason for this fbi investigation into this e-mail? and it does look like this i
. >>> the fiscal cliff. is the u.s. closer to the edge of an economic disaster, or is there room for compromise? and we compare what the president and the gop house leader said. >>> spending spree. new signs today that the economy is on the upswing, and you might be driving it. good morning, everyone. welcome to "weekends with alex witt," let's get to what's happening right now out there as we have new information today on the shocking resignation of cia director...
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Oct 24, 2012
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we've got a fiscal cliff. we're about to fall off a fiscal cliff. it's very simple. medicare is going bankrupt. >> you think he should go on the campaign trail right now. that's what you would do and say this? >> you don't start it 13 days out. you start it a year out and say this is what my campaign's about. i've talked about it. we're going to have to cut the growth of medicare, of medicaid, of social security. we're going to have to slash defense spending. we're going to have to stop rebuilding other countries and start rebuilding our own country. the banks keep getting bigger and bigger. can you believe this? four years after the crash, nobody's talking about the fact that too big to fail has gotten bigger. nobody on either side is talking about breaking up the big banks. nobody on either side's talking about breaking up the military industrial complex. nobody on either side is talking about breaking up the big government. everything's getting bigger. the banks are getting bigger. the military's getting bigger. government's getting bigger. the war machine's getti
we've got a fiscal cliff. we're about to fall off a fiscal cliff. it's very simple. medicare is going bankrupt. >> you think he should go on the campaign trail right now. that's what you would do and say this? >> you don't start it 13 days out. you start it a year out and say this is what my campaign's about. i've talked about it. we're going to have to cut the growth of medicare, of medicaid, of social security. we're going to have to slash defense spending. we're going to have to...
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Jul 18, 2012
07/12
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going to fly right over it. >> the democrats are talking about the fiscal cliff. john, jim demint, the tea party senator said to "politico," republicans need to make clear we don't want anything to do with the government shutdown. we need to control the levels although i think they are too high. what does this mean for the republicans? >> i think the republicans want to show they are reasonable people. what they aren't going to do is balance the budget on the backs of the small business job creators in the country who are the best chance for economic revival. when i hear people like senator boxer say how great things is and how great the president is. if everything is so great, why are they only running a campaign of destruction and have yet to give us a reason to reelect them. >> chris, do you want to answer that? >> one, let me take the first point in small business. the tax cuts the president is talking about -- cut taxes for 97% of small businesses. 97%. we have to be really honest about the fiscal reality we face. we will either address it or not. you have to
going to fly right over it. >> the democrats are talking about the fiscal cliff. john, jim demint, the tea party senator said to "politico," republicans need to make clear we don't want anything to do with the government shutdown. we need to control the levels although i think they are too high. what does this mean for the republicans? >> i think the republicans want to show they are reasonable people. what they aren't going to do is balance the budget on the backs of the...
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Jul 12, 2012
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cliff. >> why do you think the odds are we go over the fiscal cliff? >> because it's politically painful. it's really tough. >> it's not going to get less painful in the future. >> this, of course, at herb allen's annual retreat, summer camp for rich people. >> and moguls. >> let's talk about -- there's no indication from either camp that anybody wants to speak truth to the american people in this campaign. we're arguing about bain capital, we're arguing about a lot of other things which are big issues. what about what we're about to face in the fall after the election? >> you're right. the solutions to the fiscal cliff are painful and involve sacrifice on both sides. it's not surprising when you're running a political campaign it isn't your first choice to necessarily deal with a for -- >> walter mondale approved that. >> walter mondale proved that on the tax issue, for sure. the fact is the deadline is coming. i'm not as pessimistic. it's so insane to go over the fiscal cliff that i have to believe at the end of the day people avoid that. what's star
cliff. >> why do you think the odds are we go over the fiscal cliff? >> because it's politically painful. it's really tough. >> it's not going to get less painful in the future. >> this, of course, at herb allen's annual retreat, summer camp for rich people. >> and moguls. >> let's talk about -- there's no indication from either camp that anybody wants to speak truth to the american people in this campaign. we're arguing about bain capital, we're arguing...
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Nov 29, 2012
11/12
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he says it's not a fiscal cliff, it's more like a fiscal slope. there are some people that occupy the left side of the american political spectrum that would agree with howard dean saying listen, it's really not that big of a deal as deficit hawks are making it out to be. you would disagree, i would guess. >> well, i think howard is disagreeing a little bit, too. i think howard is saying it's time for meaningful deficit reduction. howard's become a deficit hawk. i think howard and i would disagree probably on some of the elements of what constitutes -- >> no, but he's saying it's not a disaster if it happens. >> well, i was going to get to that point. the fiscal cliff itself, howard is right, it's a slope. on day one the economy does not collapse and go into recession. but i worry a lot about the markets. the market reaction to going over the cliff, particularly if we go over the cliff in disarray where there's really no plan. everything's broken down. nobody knows where anybody is. i think that could be pretty ugly in the markets. having said tha
he says it's not a fiscal cliff, it's more like a fiscal slope. there are some people that occupy the left side of the american political spectrum that would agree with howard dean saying listen, it's really not that big of a deal as deficit hawks are making it out to be. you would disagree, i would guess. >> well, i think howard is disagreeing a little bit, too. i think howard is saying it's time for meaningful deficit reduction. howard's become a deficit hawk. i think howard and i would...
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Dec 26, 2012
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starbucks pushing congress to reach a deal on the fiscal cliff. wait until you hear about what they're doing to send encouraging notes to our elected leaders. are you optimistic that congress will meet a post-christmas fiscal cliff deal? [ male announcer ] this is sheldon, whose long dy setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. >>> so as newtown, connecticut, recovers from the tragic shooting, police are across new england stepped in to give officers at the town's police department a day off to spend time with their families and that christmas is one of the millions the town received from all over the world after 20 children and 6 educators died in the massacre. and with students across the u.s. enj
starbucks pushing congress to reach a deal on the fiscal cliff. wait until you hear about what they're doing to send encouraging notes to our elected leaders. are you optimistic that congress will meet a post-christmas fiscal cliff deal? [ male announcer ] this is sheldon, whose long dy setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news....
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Dec 1, 2012
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asking him what he will accept in these fiscal cliff debates? >> one of the great norquist tricks is a mass amnesia spell over washington. people have forgotten he laundered money for jack abram. he helped tom delay with a kfrnlts street prospect. he was' registered lobbyist for fannie mae. he was a tobacco industry hack throughout the '90s. folks have forgotten that. they take him pretty seriously. >> we used a stuffed grover doll on this set at one point. we are trying to take him as not seriously as possible. i appreciate so much, lee, the work you have done to help us see what grover norquist is. thank you to lee fong in san francisco and thank you to dan dicker here at the table in nerdland and the rest are back for more. >>> up next, the similarities are undeniable. an african-american teen shot dead. an older white man arrested. again, it happened in florida. is there no presumption of innocence for young black men. my letter is next. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the sha
asking him what he will accept in these fiscal cliff debates? >> one of the great norquist tricks is a mass amnesia spell over washington. people have forgotten he laundered money for jack abram. he helped tom delay with a kfrnlts street prospect. he was' registered lobbyist for fannie mae. he was a tobacco industry hack throughout the '90s. folks have forgotten that. they take him pretty seriously. >> we used a stuffed grover doll on this set at one point. we are trying to take him...
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Nov 23, 2012
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is it the fiscal cliff? or does it look like the fiscal bungee cord? that's what some people are calling it. we go over for two weeks and then we snap back and get a deal and what does that deal look like? >> a lot of positive talk following the election. even bill kristol talking about let's feel free to raise taxes if it's part of a bigger deal. a lot of elections don't have consequences, midterm elections. this was supposed to be a status quo election. but something happened here. i think the fever is starting to break. >> absolutely. you're going to see it, i think, on immigration reform, and i think you're going to see it on spending and taxation. and you don't have to effect or change basic tax rates. as you know, there's all sorts of things you can do on so-called tax expenditure dealing with home mortgage deductions, dealing with state and local taxes. also there's things obviously on the spending side, entitlements and domestic spending, this isn't that hard. this is, if you will, a mini-package. this isn't necessarily on the scale of simpson-
is it the fiscal cliff? or does it look like the fiscal bungee cord? that's what some people are calling it. we go over for two weeks and then we snap back and get a deal and what does that deal look like? >> a lot of positive talk following the election. even bill kristol talking about let's feel free to raise taxes if it's part of a bigger deal. a lot of elections don't have consequences, midterm elections. this was supposed to be a status quo election. but something happened here. i...
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Dec 14, 2012
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cliff. >> are you worried about the fiscal cliff? >> it could make a difference in life. i mean, it all depends on how you look at it. >> are you worried about the fiscal cliff? >> yeah, kind of. >> what exactly is the fiscal cliff? >> it's a raise in taxes. yeah. now i look like a fool. i don't know. >> do you know what it is? >> no, i really don't. we go off the cliff. >> something to do financially. um, yeah. that's all about i can tell you. >> why are you worried? >> because you have a worried look on your face. i think i should be worried. >> it's not good. i know that. so, yeah. >> we're going to give him half credit for that one. >> not good. >> not good at all. >> not good at all. welcome back to "morning joe." richard wolffe and donny deutsch are still with us. joining the table, former deputy campaign manager for president obama, stephanie cutter. and in washington, nbc news chief white house correspondent and political director and host of "the daily rundown," chuck todd. good to have you on. >> stephanie, you've recovered
cliff. >> are you worried about the fiscal cliff? >> it could make a difference in life. i mean, it all depends on how you look at it. >> are you worried about the fiscal cliff? >> yeah, kind of. >> what exactly is the fiscal cliff? >> it's a raise in taxes. yeah. now i look like a fool. i don't know. >> do you know what it is? >> no, i really don't. we go off the cliff. >> something to do financially. um, yeah. that's all about i can tell...
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Nov 15, 2012
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. >> and the fiscal cliff. >> let's talk about the fiscal cliff. tomorrow president obama will sit down with congressional leaders, as we've been talking about, to kick off negotiations on how to try to avoid the so-called fiscal cliff. yesterday's news conference set the tone for these meetings. the president, as we witnessed, was confident. he was reminding house republicans that he earned political capital on election day to push his plan for tax hikes on the wealthy. take a listen. >> if there's one thing that everybody understood was a big difference between myself and mr. romney, it was when it comes to how we reduce our deficit, i argued for a balanced, responsible approach, and part of that included making sure that the wealthiest americans pay a little bit more. i think every voter out there understood that that was an important debate. and the majority of voters agreed with me. by the way, more voters agreed with me on this issue than voted for me. so we've got a clear majority of the american people who recognize if we're going to be ser
. >> and the fiscal cliff. >> let's talk about the fiscal cliff. tomorrow president obama will sit down with congressional leaders, as we've been talking about, to kick off negotiations on how to try to avoid the so-called fiscal cliff. yesterday's news conference set the tone for these meetings. the president, as we witnessed, was confident. he was reminding house republicans that he earned political capital on election day to push his plan for tax hikes on the wealthy. take a...
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Nov 21, 2012
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he said going over the fiscal cliff would pose a substantial risk to the economy. according to a new study the fiscal cliff could give 90% of americans new tax bills when the bush tax rates and some by president obama would both end. the working poor would be among the hardest hit. a tax policy center analysis showed a married couple making about $30,000 a year would on average go from receiving a $15 tax credit to owing $1400. >> wow. >> yeah. that's probably a reason to try and get something done? >> maybe we will. maybe we will. >> you would think. >> yeah. or maybe we can just talk about 2016. >> we could do that as well. how are you doing, willie? >> i'm doing well. >> good. just two weeks after the longest -- >> thanks for stopping by. >> doing well. >> you know, just two weeks after the longest, most expensive and exhausting election in u.s. history eyes are turning to 2016 as speculation begins over the next batch of candidates lining up to run for president. >> who could that be? i know it's going to be a surprise. >> i know it is too. we're moving past th
he said going over the fiscal cliff would pose a substantial risk to the economy. according to a new study the fiscal cliff could give 90% of americans new tax bills when the bush tax rates and some by president obama would both end. the working poor would be among the hardest hit. a tax policy center analysis showed a married couple making about $30,000 a year would on average go from receiving a $15 tax credit to owing $1400. >> wow. >> yeah. that's probably a reason to try and...
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how much is that is due to the looming fiscal cliff. joining me now is congresswoman judy, chair of the congress gregsal asian pacific caucus. it's great to have you here. we have been talking about the larger effects of this and the taxation issue and what will happen to the wealthiest of americans. how will going over the fiscal cliff affect small businesses? i believe that being able to have a fairer tax rate will benefit small businesses because small businesses will be able to make sure that they are paying a fairer tax rate as what happened in the clinton tax years when we had an economic boom. >> congresswoman, we hear all the time certainly from the republicans arguments against president obama's plan is the $250,000 tax hike threshold could hurt small businesses. we hear that from all people who come on to talk about why they are opposed to it from the right wing that small business owners are going to be the ones hurt by this, the job creators. when we talk about them filing taxes as individuals and the real ones out there, wh
how much is that is due to the looming fiscal cliff. joining me now is congresswoman judy, chair of the congress gregsal asian pacific caucus. it's great to have you here. we have been talking about the larger effects of this and the taxation issue and what will happen to the wealthiest of americans. how will going over the fiscal cliff affect small businesses? i believe that being able to have a fairer tax rate will benefit small businesses because small businesses will be able to make sure...
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their plan -- whistle a happy tune while driving us off the fiscal cliff. as long as they're behind the wheel of power when we fall. >> you know, i thought -- you're the republican here. i thought he got into the nervous system of the typical republican. i think the typical republican feels about the teachers union the way he felt. he seems to connect with the nervous system. >> no, he did. and again, i think it's a good set-up for what's to come on thursday night. but he did make that initial connection, sort of draw attention to what the broader scope of this election is going to be about. yeah, you make the assumption that you -- part of the teacher's union, therefore, you follow the mantra. heat making that -- he's saying there's a disconnect between the union leadership and the rank and file and romney, that's an opening for him to come through with a different message, a better message. says, yeah, you can be part of the union, but let's build this country difficultly and better. let's not be beholden to the status quo. >> is it fair to say that the t
their plan -- whistle a happy tune while driving us off the fiscal cliff. as long as they're behind the wheel of power when we fall. >> you know, i thought -- you're the republican here. i thought he got into the nervous system of the typical republican. i think the typical republican feels about the teachers union the way he felt. he seems to connect with the nervous system. >> no, he did. and again, i think it's a good set-up for what's to come on thursday night. but he did make...
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we want to avoid the fiscal cliff from happening. and again, i think that the decision is for the white house and the senate democrats to come join us so we can avoid the tax hike on american people and avoid the fiscal cliff. >> no vote today? >> nope. >> will there be a vote tomorrow? >> nope. >> are you ditching plan "b"? >> will there be a vote today? >> no. >> what happens next, mr. cantor? >> all right. it's a little bit of a contrast there. a live look at the white house. welcome back to "morning joe." harold ford jr. still with us. and joining the table is former treasury official and "morning joe" economic analyst, steve rattner. also with us from chicago, former senior adviser to president obama, now the director of the institute of politics at the university of chicago, david axelrod. good to have you all at the table this morning. all right. >> david axelrod, putting on your hat as institute of politics guy and not barack obama communication guy, what the hell happened last night? >> well, a whole lot of nothing, obviousl
we want to avoid the fiscal cliff from happening. and again, i think that the decision is for the white house and the senate democrats to come join us so we can avoid the tax hike on american people and avoid the fiscal cliff. >> no vote today? >> nope. >> will there be a vote tomorrow? >> nope. >> are you ditching plan "b"? >> will there be a vote today? >> no. >> what happens next, mr. cantor? >> all right. it's a little bit of a...
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brzezinski, about the fiscal cliff. i'd love your take on it, what signal it sends to the rest of the world that we don't seem to be able to put our economic house in order. >> well, the way you put it, you give the answer. your answer is right. we look a little bit disorderly. indecisive, leaderless. that's a real problem. and that's a problem that concerns me particularly on foreign affairs. the presidency, not just president obama, but the presidency in recent years has lost some of the terrain that they used to dominate in the making of foreign policy. i think president obama has to make a serious effort to regain it because he lost some of it himself. >> lost terrain to congress or to whom? >> to congress and to the world. that is to say his capacity to take decisive actions has been limited by congressional intervention, by the influence of lobbies, by the sense that he gives good speeches, very good speeches, and he really understands the world, but the follow-through in terms of policy is somewhat not there. so
brzezinski, about the fiscal cliff. i'd love your take on it, what signal it sends to the rest of the world that we don't seem to be able to put our economic house in order. >> well, the way you put it, you give the answer. your answer is right. we look a little bit disorderly. indecisive, leaderless. that's a real problem. and that's a problem that concerns me particularly on foreign affairs. the presidency, not just president obama, but the presidency in recent years has lost some of...
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Nov 20, 2012
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people are very worried about the fiscal cliff. i believe that they'll come to a resolution, this is my point of view. but i think we're going to go over. i don't think we'll get it resolved. >> you think we're going over the fiscal cliff. what's the end -- >> as long as it gets resolved in a reasonable period of time, it won't be catastrophic. but this uncertainty is causing all ceos to forego capital expenditures, mergers and acquisition activity, forego investment in plant equipment, and to forego more importantly large hiring. the world needs some degree of predictability, and until the fiscal cliff issues don't -- and until something like simpson/bowles is adopted, i think we're in for a very tough period of time. >> miles, just a couple of questions, something you were talking about here, is it too broad brush that some of the same companies concerned about uncertainty are making record profits. >> well, i think some of that may be true, but i think there are small business people that are saying i don't know what the implica
people are very worried about the fiscal cliff. i believe that they'll come to a resolution, this is my point of view. but i think we're going to go over. i don't think we'll get it resolved. >> you think we're going over the fiscal cliff. what's the end -- >> as long as it gets resolved in a reasonable period of time, it won't be catastrophic. but this uncertainty is causing all ceos to forego capital expenditures, mergers and acquisition activity, forego investment in plant...
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Dec 18, 2012
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there are no signs that the fiscal cliff negotiatio negotiations -- there are new signs that the fiscal cliff negotiations are picking up. this morning, speaker boehner is expected to meet with house republicans to share latest details with president obama. the president delivered a counter proposal offering to raise tax rates on households making more than $400,000 a year. to talk about this and his new book, senior writer of the wall street editorial page, stephen moore. he's out with a new book "who's the fairest of them all. the truth about opportunity, taxes and wealth in america." first of all, fiscal cliff, are you hopeful and does it sound like what they're close to might be fair? >> it depends on -- this is such a moving target in terms of what the final negotiations will be. i always predicted near midnight december 24 or december 31 they will reach a deal. the question is whether it will be something good for the economy and something i had in my book, does it really make sense to be raising tax rates when we have a high unemployment rate. one of the point i make in the book
there are no signs that the fiscal cliff negotiatio negotiations -- there are new signs that the fiscal cliff negotiations are picking up. this morning, speaker boehner is expected to meet with house republicans to share latest details with president obama. the president delivered a counter proposal offering to raise tax rates on households making more than $400,000 a year. to talk about this and his new book, senior writer of the wall street editorial page, stephen moore. he's out with a new...
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Dec 12, 2012
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in a few short weeks, the fiscal cliff is coming to town. merry cliff mas. with a dramatic name like fiscal cliff, it has to be exciting. jim? >> the president is asking for 1.6 trillion. >> $600 billion in tax hikes. >> dividends and capital gains. >> discretionary spending. >> i'm up. what happened? is it over? >> pro union protesters are swarming the michigan capitol building in lansing. >> you're disgusting. >> dude, you are from michigan, detroit. eight mile. you have to come up with better miles than busting and disgusting. if you want to win the rap battle, put effort into it. >> you have one job. one factory. when you seize every benefit you could, yo, my palms are sweaty and knees weak working in the factory building chevies. you plug it in and you win. ecologically because if it was an actual race you would not actually. you got to collect for the union or robots are going to take away our jobs or to the chinese kids with the tiny hands the work will go. this opportunity comes once in a lifetime yo. >> we are locking at heavy rain and we will see i
in a few short weeks, the fiscal cliff is coming to town. merry cliff mas. with a dramatic name like fiscal cliff, it has to be exciting. jim? >> the president is asking for 1.6 trillion. >> $600 billion in tax hikes. >> dividends and capital gains. >> discretionary spending. >> i'm up. what happened? is it over? >> pro union protesters are swarming the michigan capitol building in lansing. >> you're disgusting. >> dude, you are from michigan,...
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Dec 3, 2012
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forget about the fiscal cliff back and forth. heard from boehner and geithner that you talked about but, listen, some things looking better in europe this morning actually. i know it's boring but the greek deal looks a little more likely. germany making positive comments so stock futures are up. big story in "the wall street journal" about how the rest of the world is slow to get on the natural gas bandwagon which could be good for the united states and canada because they need gas around the world which means we may be the more likely go-to source and delta airlines reportedly in the hunt for half a stake in virgin atlantic. they covet some new landing spots at heathrow airport. barnicle can fly back and forth on london to get a new castle or a guinness or whatever his choice is. and i'm going to leave you with this. it is the 20th birthday of the text message. on this date 20 years ago, it was created. and now university students send an average of 3,200 text messages per month rof, lol, omg. >> brian, quickly, back to the virg
forget about the fiscal cliff back and forth. heard from boehner and geithner that you talked about but, listen, some things looking better in europe this morning actually. i know it's boring but the greek deal looks a little more likely. germany making positive comments so stock futures are up. big story in "the wall street journal" about how the rest of the world is slow to get on the natural gas bandwagon which could be good for the united states and canada because they need gas...
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that's why the uncertainty scares people, not just the fiscal cliff but dealing with the fiscal cliff. >> mika, i think you're right. i think you're right. whatever you said was right. >> mm-hmm. >> jim cramer, thank you very much. >> blank check. >> she gets a blank check. >> not great number. i'm afraid. not great number. >> we'll see you on "mad money." >> thank you. >> weeknights at 6:00 and 11 on cnbc. >> it's an amazing show. >>> our conversation with ed asner. first a story of courage and survival in nazi-occupied poland. >> look at this, it's a family reunion, mika! >> author matthew brzezinski joins us next. come here. i didn't see you standing over there. how are you doing? it's great to see you. "ever ask somebody to lend you a foot?" "who thinks about stuff like that?" "vince mahe grew up on two continents... and noticed that wherever you go, people have their hands full, but their feet free." "the result? a liftgate you operate with your foot." "code name?" "open sesame" "the all new twenty thirteen ford escape. it's what happens when you go further." check out the latest
that's why the uncertainty scares people, not just the fiscal cliff but dealing with the fiscal cliff. >> mika, i think you're right. i think you're right. whatever you said was right. >> mm-hmm. >> jim cramer, thank you very much. >> blank check. >> she gets a blank check. >> not great number. i'm afraid. not great number. >> we'll see you on "mad money." >> thank you. >> weeknights at 6:00 and 11 on cnbc. >> it's an amazing...
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. >>> let's get to politics here at home and the fiscal cliff. one thing we could probably agree with here, the american people would love to see a deal before new year's day. that's according to a new nbc/"wall street journal" poll. in fact, a majority of both democrats and republicans say they would like their leaders to compromise even if it means giving ground on long-held party positions. >> wow, look at that. >> so you know, at this point, what does anybody have to lose but to come together and make a deal? expectations are in check with respondents equally divided, 48%-48% on whether a deal will actually get done. if there's no agreement, 56% say both sides will be to blame. 24% say it will be the republicans' fault, while 19% will point the finger at president obama. >> again, let's stop and freeze on that number again. this is a number that is borne not out of what's been happening over the past couple weeks but what's been happening over the past couple years. the republicans have damaged their brand in such a way that the benefit of th
. >>> let's get to politics here at home and the fiscal cliff. one thing we could probably agree with here, the american people would love to see a deal before new year's day. that's according to a new nbc/"wall street journal" poll. in fact, a majority of both democrats and republicans say they would like their leaders to compromise even if it means giving ground on long-held party positions. >> wow, look at that. >> so you know, at this point, what does anybody...
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Mar 1, 2012
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he's a fiscal hawk. he's been saying for years they've got to curb the deficits and their spending ways. but here he is saying you do not want to end the bush tax cuts as well as slash spending at the same time. it's going to have a bad impact on the economy's recovery. >> i think what he's saying is what the sensible center would say, yes, we need long-term debt reduction, yes we have to deal with these liabilities, but if you do it too quickly, you're going to put the brakes on the american economy and cut this recovery off. and you were in the uk the other day, you see they did austerity very quickly, the economy is slower, we can argue the merits, but there's a direct relationship. and he's saying let's do it one step at a time. let's not go off a cliff. >> it's amazing how the uk is basically the same thing we're fighting here and they've decided to go more austere route, mika, but all of the western governments are having to balance the need to grow the economy with reining in these crippling debts
he's a fiscal hawk. he's been saying for years they've got to curb the deficits and their spending ways. but here he is saying you do not want to end the bush tax cuts as well as slash spending at the same time. it's going to have a bad impact on the economy's recovery. >> i think what he's saying is what the sensible center would say, yes, we need long-term debt reduction, yes we have to deal with these liabilities, but if you do it too quickly, you're going to put the brakes on the...
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i think we ought to go over the fiscal cliff. not a great alternative but the congress is incapable of anything else. we ought to do it. >> ladies and gentlemen, tomorrow at noontime in manchester, vermont, howard dean is leading the local tea party. let's go over the cliff festival. >> there are no tea party people in vermont. there are a few, a few. >> driving tractors over police cars. >> moving to new hampshire. >>> still ahead, the july jobs report due out in less than two hours. >> am i glad that went -- >> we'll bring you "fortune" magazines lei k3wh gallaghgh ga break down the numbers. "morning joe" back in a minute. era laundry detergent is a black belt stain fighter. it once stomped a stain with such force, the results could be felt around the world. [ explosion ] [ alarm buzzing ] [ rumbling ] [ people screaming ] it was such epic stain fighting, even chuck norris could respect it. twice the stain fighting power as the next leading liquid value brand. era, the only detergent that's chuck norris approved. era, the only
i think we ought to go over the fiscal cliff. not a great alternative but the congress is incapable of anything else. we ought to do it. >> ladies and gentlemen, tomorrow at noontime in manchester, vermont, howard dean is leading the local tea party. let's go over the cliff festival. >> there are no tea party people in vermont. there are a few, a few. >> driving tractors over police cars. >> moving to new hampshire. >>> still ahead, the july jobs report due out...
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Jul 18, 2012
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cliff and how each candidate proposes to deal with the fiscal cliff is going to come front and center. might not be until the debates. some smart journalist will press this. the candidates the president and governor romney will get pressed on okay, as soon as you get elected, which ever gets elected you have two months to deal with this massive thing. what's your plan? in specific. if we can get there, we might actually get to what carl is talking about, actual discussion of how these two differ on an issue not far off in the future, an issue we have to deal with in november and december. >> larger issue is the congress of the united states and the fact that it is a broken institution and how does each candidate intend to deal with it? because our political system is broken and we've now broken the economic system because of the irresponsibility of both parties in congress. >> mike? >> i have to tell you, i love you, but you are too much of an optimist for me given the present situation. these bozos complete bozos in the house and senate, allowed the united states to have its credit r
cliff and how each candidate proposes to deal with the fiscal cliff is going to come front and center. might not be until the debates. some smart journalist will press this. the candidates the president and governor romney will get pressed on okay, as soon as you get elected, which ever gets elected you have two months to deal with this massive thing. what's your plan? in specific. if we can get there, we might actually get to what carl is talking about, actual discussion of how these two...
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four days left of fiscal cliff talks. wow. coming up we tall to chris val hollen about the state of the negotiations. "morning joe" will be right back. oh it's clearance time! yeah, our low prices are even lower. we need to teach her how to walk. she is taking up valuable cart space. aren't you, honey? [ male announcer ] it's clearance time! up to 50% off seasonal decor. 50% off toys. apparel $3 to $9. walmart. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. and alwa
four days left of fiscal cliff talks. wow. coming up we tall to chris val hollen about the state of the negotiations. "morning joe" will be right back. oh it's clearance time! yeah, our low prices are even lower. we need to teach her how to walk. she is taking up valuable cart space. aren't you, honey? [ male announcer ] it's clearance time! up to 50% off seasonal decor. 50% off toys. apparel $3 to $9. walmart. mine was earned off vietnam in 1968. over the south pacific in 1943. i got...
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right now is this concern about gridlock and the fiscal cliff. and we have an editorial today saying, you know, what congress can do is actually try to give some signals they are going to address the fiscal cliff or at least try and work out some kind of solution. because without that, you're just going to see rolling shocks in the next few months. and that's very bad for business confidence and consumer confidence. >> miles? >> you know, we talk about the stock market decline of 11% in the last month. and it's not coincidental that the president's popularity has declined in unison with that. but think about the implication. because we're not talking about it. everybody's 401(k) has wiped out all of the equity value that we created this year. basically, everybody's 401(k) is now flat. so of course people are very concerned. because their savings and their long-term retirement plan now has zero value. i think what chris said, which is really critical, it's about the next four years. it's what is he doing to give people confidence that the next fou
right now is this concern about gridlock and the fiscal cliff. and we have an editorial today saying, you know, what congress can do is actually try to give some signals they are going to address the fiscal cliff or at least try and work out some kind of solution. because without that, you're just going to see rolling shocks in the next few months. and that's very bad for business confidence and consumer confidence. >> miles? >> you know, we talk about the stock market decline of...
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bob came out this morning saying 3.5% to 4% hit to gdp going off the fiscal cliff. it's a very interesting political dynamic of whether congress is so scared they do something or whether we have the equivalent of liking bungee jumping. >> the long term. >> it's campaign chicken. >> mitt romney said he wants to put it off until after the first of the year for obvious reasons. i think it's what will happen. they will kick the can into early next year. we'll find out whether they are willing to do a simpson bowls deal. >> i think they have to. the bush-obama tax cuts expire. republicans want those to move forward. democrats don't want the short term cuts. i think we have something lining up here that would give us political space for a deal. >> let's hope so. if not, it's scary. with the euro zone doing what it's doing, you can't afford to play chicken. >> unemployment is at record highs. >> cutting of benefits. they are allowing the benefits to expire. that means people have no support as they face unemployment for multiple years. >> looking over a year and a half for
bob came out this morning saying 3.5% to 4% hit to gdp going off the fiscal cliff. it's a very interesting political dynamic of whether congress is so scared they do something or whether we have the equivalent of liking bungee jumping. >> the long term. >> it's campaign chicken. >> mitt romney said he wants to put it off until after the first of the year for obvious reasons. i think it's what will happen. they will kick the can into early next year. we'll find out whether they...
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are saying there is no fiscal cliff. it would be crazy for us to go for a big deficit reduction deal. you're hearing this loudly starting to echo in quarters of the democratic party. it sounds to me like on the basis of what we were talking about off camera that you disagree with that and we need to do a big deal. >> look, there isn't anyone out there in the grassroots, which we just came through an election in which there were tens of thousands of doors knocked on, phone calls. what i heard all across the country as i traveled on behalf of president obama is that whether you're a liberal or conservative, people are clamoring for us to come together, to work together, and to move our economy forward. and people do not think that we should have massive defense cuts and massive discretionary cuts and that we have to focus on making sure we add solvency to medicare, deal with social security, which is not in crisis so we have more time to deal with that. i mean, we'll be in our 80s by the time there's -- we're upside-down i
are saying there is no fiscal cliff. it would be crazy for us to go for a big deficit reduction deal. you're hearing this loudly starting to echo in quarters of the democratic party. it sounds to me like on the basis of what we were talking about off camera that you disagree with that and we need to do a big deal. >> look, there isn't anyone out there in the grassroots, which we just came through an election in which there were tens of thousands of doors knocked on, phone calls. what i...
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i don't want to beat the drum on the fiscal cliff so i won't. there's a lot of holding pattern waiting to see if we're getting anything in the lame duck and then where do we go from here. i wanted to touch on between the conversation on general petraeus, the cia director, and of course the little comments on thomas jefferson, are there's a bit of a ceo scandal at lockheed martin. their incoming ceo is now not the incoming ceo because of an affair with a subordinate and he's getting a $3.5 million severance. the incoming ceo now is a woman and it will be the second incoming for a major defense contractor because general dynamics -- there you see right there the man who is no longer going to be the ceo of lockheed martin. general dynamics will have a woman ceo so two major defense contractors with female ceos at the start of 2013. >> fascinating. a bit of good news there. >> thank you, brian. and coming up next, a new report on how mandatory retirement is forcing many of the nation's most qualified pilots out of the cockpit. causes us some concern
i don't want to beat the drum on the fiscal cliff so i won't. there's a lot of holding pattern waiting to see if we're getting anything in the lame duck and then where do we go from here. i wanted to touch on between the conversation on general petraeus, the cia director, and of course the little comments on thomas jefferson, are there's a bit of a ceo scandal at lockheed martin. their incoming ceo is now not the incoming ceo because of an affair with a subordinate and he's getting a $3.5...
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>> well, to me, the fiscal cliff, it's obviously a big clash between the two parties, but you can break it down into three individual struggles. one involving each of the three key players. for the president, he's won the election, but if we are going to go over the cliff, i think what he's trying to do now is shape public opinion so that if we do, republicans get blamed. i think for john boehner, and you saw this the day after the election with his conciliatory tone, he needs to have that battle with the right wing of his caucus and lead his tea party members kind of out of this land of make-believe. >> can i ask you a question? the president's not running for re-election. and i've heard him say, we're going to take this fight across the country and go after the republicans. there's not a damn election for two years. what good does it do the president if americans blame the republicans? we're still going over the cliff. >> the good it does the president is that we go over the cliff and democrats, including in the white house, believe that if they shape public opinion, the furor would b
>> well, to me, the fiscal cliff, it's obviously a big clash between the two parties, but you can break it down into three individual struggles. one involving each of the three key players. for the president, he's won the election, but if we are going to go over the cliff, i think what he's trying to do now is shape public opinion so that if we do, republicans get blamed. i think for john boehner, and you saw this the day after the election with his conciliatory tone, he needs to have...
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the fiscal cliff was a semi-serious situation. this is a very serious situation. >> what you've got, these two things coming together, the cliff and the debt ceiling, you'll have market reactions that reinforces the sense of unpredictability. if you're an investor, if you're running a business, what you want to know is what the playing field is. you want to know what the rules are. nobody knows anything. it means basically things begin to come to a halt. internationally, it raises all sorts of questions about our competence, our seriousness, our reputation. and these are people who are investing here, who are providing us also with the means to float the deficit. these are the people providing a lot of our financing. well, at some point if this goes on long enough, they begin to think, hold it. >> who's writing a lot of our financing? >> mainly foreign governments as well as markets. holding on to treasuries and the rest. so the question, then, at some point do they go, hold it. if these guys aren't serious, why am i depending upo
the fiscal cliff was a semi-serious situation. this is a very serious situation. >> what you've got, these two things coming together, the cliff and the debt ceiling, you'll have market reactions that reinforces the sense of unpredictability. if you're an investor, if you're running a business, what you want to know is what the playing field is. you want to know what the rules are. nobody knows anything. it means basically things begin to come to a halt. internationally, it raises all...
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some of us are counting down to election day, others of us are counting down to the fiscal cliff. without going into the details which at this point i think most people know, what's your guess, what's your expectation for what's going to happen as we get to december 31st, and do you think we're going to go over that cliff? >> no, i don't, and i think we'll solve that problem. it will create a compromise and will be there. we know on both sides of that balance sheet that that's too big of a hit to the economy. it doesn't mean we shouldn't do some of it. we certainly should. it doesn't mean we shouldn't reform the tax code. and we shouldn't set a structure that sends a signal. but we're not going to knock the economy 3.2% which is the federal reserve's estimate of what happens if we do nothing. plus the fact is is now is the worst time in the world to be increasing taxes on anybody with the anemic growth. the cbo uses 3.5% gdp growth. it's going to be half that, if that, in the next year. so all the cbo projections that you see are actually are conditions much worse than what cbo sa
some of us are counting down to election day, others of us are counting down to the fiscal cliff. without going into the details which at this point i think most people know, what's your guess, what's your expectation for what's going to happen as we get to december 31st, and do you think we're going to go over that cliff? >> no, i don't, and i think we'll solve that problem. it will create a compromise and will be there. we know on both sides of that balance sheet that that's too big of...
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obviously the fiscal cliff as well. the president is sitting down with a dozen chief executeties today to talk about this. some of them were prominent supporters of mitt romney. and then the president is going to try and sell his budget plan going to a toy factory. speaking of -- >> that's where i'd go. >> speaking of the budget, coming up, former treasurer secretary larry summers joins us on set and ray liotta and mark mckinnon and in a few minutes harold ford jr. up next the top stories in the political playbook with mike allen but first bill karins with a check on the forecast. bill. >> good morning, mika and everyone out here live rockefeller plaza. the world's failous rockefeller center christmas tree will be lit 8:00 nbc, 7:00 central. this tree has a little bit of history, not your typical tree. this tree had to survive hurricane sandy and was picked out in new jersey and had to tie it up quickly right before the storm hit to protect it from the storm because they didn't want to have to pick out a new tree. it su
obviously the fiscal cliff as well. the president is sitting down with a dozen chief executeties today to talk about this. some of them were prominent supporters of mitt romney. and then the president is going to try and sell his budget plan going to a toy factory. speaking of -- >> that's where i'd go. >> speaking of the budget, coming up, former treasurer secretary larry summers joins us on set and ray liotta and mark mckinnon and in a few minutes harold ford jr. up next the top...
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with the fiscal cliff cuts looming, no one knows what's going to happen, what kind of contingency plans do you guys have? >> the fiscal challenges facing our nation and including the defense establishment are significant. our plan is to get a little bit smaller, but to maintain a ready force under any conditions that's ready to meet the needs of the nation. our overhanging concern is that we still need to leave resources available for modernizing the air force which haseen aging over the last ten to 20 years. average age of our fighters is now 23 years, the average age of our tanker force is 49 years. the bombers are averaging in the mid 30s and higher. it's time to modernize and to recapitalize our air force and there are lots of overhanging requirements to do that and we need to have the resources to get that done. >> mr. secretary michael donley, thank you very much. >> thank you so much. >> thank you for having us. for all the support we get from new york. >> we appreciate it. 32,000 members of the air force, can you believe that. >> right here. still ahead we'll talk to senator cla
with the fiscal cliff cuts looming, no one knows what's going to happen, what kind of contingency plans do you guys have? >> the fiscal challenges facing our nation and including the defense establishment are significant. our plan is to get a little bit smaller, but to maintain a ready force under any conditions that's ready to meet the needs of the nation. our overhanging concern is that we still need to leave resources available for modernizing the air force which haseen aging over the...
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so really it's all about the fiscal cliff, guys. i wish i had something a little more light and fun for you on a monday morning. >> nothing like going through friday's numbers, down to 7.7%. a lot of chatter over the weekend that was only because people were getting out of the workforce in record numbers, et cetera, et cetera. what's your take? what's wall street's take on the numbers on friday? >> reporter: it's like this. it's like i reported on friday. it's better than expected. what we did in our "street signs" was why are the expectations so low? i went through the numbers, back to 2002, ten years ago. 57 months in the past ten years, we have gained more than 200,000 jobs, but now 146,000 is considered good because the expectations are low. so, yes, the number was better than expected but i think as a nation many people we talked to say up to the point where we could add 200,000, 250,000 jobs a month because that will help reduce the deficit. growth is actually the best solution to reducing the deficit. it's not tax hikes. it's
so really it's all about the fiscal cliff, guys. i wish i had something a little more light and fun for you on a monday morning. >> nothing like going through friday's numbers, down to 7.7%. a lot of chatter over the weekend that was only because people were getting out of the workforce in record numbers, et cetera, et cetera. what's your take? what's wall street's take on the numbers on friday? >> reporter: it's like this. it's like i reported on friday. it's better than expected....
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Nov 27, 2012
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so fiscal cliff is all the talk of washington, obviously. but you guys are writing this morning, your headline about the other fiscal fight, which is, again, the debt ceiling. >> yeah, i think people forget we have essentially three blink moments, sequestration, the debate, and we hit the debt limit probably some time in february. and you have to raise the debt limit unless you take the posture that some folks in the democratic party are recommending and saying just raise it unilaterally, have the president do that. i don't think that's what they want to do right now. in the past, congress has had to raise that debt limit. and as you know, house republicans aren't playing around. they don't want to raise the debt limit, don't want to spend more money. if you're a tea party freshman or sophomore now, that's the only issue you ran on. i'm not going to expand the size of government and that is the blink moment for them. i don't think there's a majority of republicans in the house that would vote to increase the debt limit unless forced to by jo
so fiscal cliff is all the talk of washington, obviously. but you guys are writing this morning, your headline about the other fiscal fight, which is, again, the debt ceiling. >> yeah, i think people forget we have essentially three blink moments, sequestration, the debate, and we hit the debt limit probably some time in february. and you have to raise the debt limit unless you take the posture that some folks in the democratic party are recommending and saying just raise it unilaterally,...
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Dec 7, 2012
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we're having all these discussions about the fiscal cliff. we need to start thinking about what are our priorities because that's what the budget decisions mean we have to make tough decisions about where to invest and we know from research, david brooks writes about this all the time, money spent early on has a much greater return on investment than trying to fix the problem down the road. >> you're a message guy and one decision has to be made, you can't just sell we have to help the children. >> yeah. >> it has to be one of those issues. they're all important. it doesn't get you anywhere. >> no, i agree. we're trying to get the people to get their attention. >> is it health care? is it poverty? >> well, part of the health care and portable care act. the real return on investment is early investment in pre-k, early education, nurturing, bonding with mothers, all that kind of early pre-k investment is where the real payoff comes. so that's where i think -- it's across the board and attention across the spectrum about kids, their health, educ
we're having all these discussions about the fiscal cliff. we need to start thinking about what are our priorities because that's what the budget decisions mean we have to make tough decisions about where to invest and we know from research, david brooks writes about this all the time, money spent early on has a much greater return on investment than trying to fix the problem down the road. >> you're a message guy and one decision has to be made, you can't just sell we have to help the...
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Jul 25, 2012
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we need to avoid the fiscal cliff, deal with the structural deficits. we need to cut defense without compromising national security and we can do it. reform social security and medicare, medicaid. we need to rationalize our health care promises, reform our tax system and generate more revenues and all that and more and better do it quick. >> here's the $64,000 question. can you cut right now in the short term? obviously i think we all agree you have to cut in the long term. can you cut in the short term and get to a 4% growth rate. >> here's what we need to do. we don't want to have significant spending reductions in our current situation. we don't want to have significant tax increases in our current situation. >> over the next year. >> so that's why we've got to avoid the fiscal cliff. we must be able to put together a plan that ends up getting debt as a percentage of the economy down to a reasonable and sustainable level. phased in over time. >> i think we need to cut. i think we need to cut? >> in the short term. >> yeah. >> how do you cut at the sh
we need to avoid the fiscal cliff, deal with the structural deficits. we need to cut defense without compromising national security and we can do it. reform social security and medicare, medicaid. we need to rationalize our health care promises, reform our tax system and generate more revenues and all that and more and better do it quick. >> here's the $64,000 question. can you cut right now in the short term? obviously i think we all agree you have to cut in the long term. can you cut in...
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Sep 19, 2012
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the survey finds 35% of investment fund managers say the fiscal cliff is the most pressing issue. that's up 10% from just a month before. the european debt crisis had occupied the top spot for the past 17 months. >>> also in the survey, 58% of those investors say u.s. stocks are overvalued at their highest level now since 2004. >>> tomorrow on "morning joe," republican senator rand paul of kentucky. also, former mets pitcher, current broadcaster, ron darling. going to be here tomorrow. very smart man and hell of a broadcaster. he's tomorrow. we'll be right back. ♪ atmix of energies.ve the world needs a broader that's why we're supplying natural gas to generate cleaner electricity... that has around 50% fewer co2 emissions than coal. and it's also why, with our partner in brazil, shell is producing ethanol - a biofuel made from renewable sugarcane. >>a minute, mom! let's broaden the world's energy mix. let's go. >>> as i like to tell joe and mika, i started coming on "morning joe" before "morning joe" was cool, and i feel like i've been present at creation. happy fifth birthday,
the survey finds 35% of investment fund managers say the fiscal cliff is the most pressing issue. that's up 10% from just a month before. the european debt crisis had occupied the top spot for the past 17 months. >>> also in the survey, 58% of those investors say u.s. stocks are overvalued at their highest level now since 2004. >>> tomorrow on "morning joe," republican senator rand paul of kentucky. also, former mets pitcher, current broadcaster, ron darling. going...
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Sep 17, 2012
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cliff in america. you have got all the problems with the eurozone over in europe. and that kind of dancing on the edge, going close to the edge, tipping to back, close to the edge, tiptoeing back, is terrible for confidence and doesn't persuade consumers or confidences to go forward and spend and correct the kind of feel-good recovery and job growth people want to see. >> you mentioned the abyss and used the word terrible. >> if you want to be optimistic you have got a lot of consumers coming through right now in places like china who hopefully will go forth and start buying products, buying ipads, buying cards, buying maybe goods produced in america as well. >> jillian, thank you for that brirkts sunny, optimistic point of view this morning. we will be right back with much more "morning joe." one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and
cliff in america. you have got all the problems with the eurozone over in europe. and that kind of dancing on the edge, going close to the edge, tipping to back, close to the edge, tiptoeing back, is terrible for confidence and doesn't persuade consumers or confidences to go forward and spend and correct the kind of feel-good recovery and job growth people want to see. >> you mentioned the abyss and used the word terrible. >> if you want to be optimistic you have got a lot of...